Listening to the NC Spin podcast this morning, former House Speaker Dan Blue
voiced one of the common complaints against holding Gov. Easley to his
spending cap: “It is unfair to say you have spent what you have not
spent. If you dedicate it to the savings account, that is not spending.
It is still available.”
The
$324 million for the Savings Reserve and the $200 million for the
Repair and Renovation Reserve are taken off the top from availability.
The $524 million for these reserves is in addition to the $1.7 billion
spending increase.
